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Russia, EU enlargement and the euro
Polański, Zbigniew; Winkler, Adalbert - 2008
last two waves of EU enlargement have had on Russia, as well as the role of the euro in Russia. The analysis suggests that … euro by Russian residents and authorities in international transactions has increased, albeit at an uneven pace. While, in … general, the US dollar remains the major foreign currency used by Russian residents, the euro has gained importance as an …
Persistent link: https://www.econbiz.de/10011641271
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Russia, Eu enlargement and the Euro
Polański, Zbigniew - 2008
Persistent link: https://www.econbiz.de/10013439646
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The trade and FDI effects of EMU enlargement
Brouwer, Jelle (contributor); Paap, Richard (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003612738
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Structural reforms and the enlargement of monetary union
Hefeker, Carsten - 2003
The paper addresses the question what effects the enlargement of a monetary union will have on necessary structural reforms in the (low distortion) member countries and the (high distortion) candidate countries. While monetary union lowers reforms in the candidate countries, members of the...
Persistent link: https://www.econbiz.de/10011509539
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Monetary policy in EMU when the transmission is asymmetric and uncertain
De Grauwe, Paul; Sénégas, Marc-Alexandre - 2003
In this paper we address the issue of how transmission uncertainty could affect the choice between a federal monetary policy based on national data and one on aggregated data.We find that the uncertainty about the transmission process increases the need to take into account information about...
Persistent link: https://www.econbiz.de/10011506467
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Monetary policy in EMU when the transmission is asymmetric and uncertain
De Grauwe, Paul; Sénégas, Marc-Alexandre - 2003
In this paper we address the issue of how transmission uncertainty could affect the choice between a federal monetary policy based on national data and one on aggregated data. We find that the uncertainty about the transmission process increases the need to take into account information about...
Persistent link: https://www.econbiz.de/10001753567
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OCA theory and EMU eastern enlargement : an empirical application
Weimann, Marco - 2002
Persistent link: https://www.econbiz.de/10001682919
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Structural reforms and the enlargement of monetary union
Hefeker, Carsten - 2003
This paper addresses the question what effects the enlargement of a monetary union will have on necessary structural reforms in the (low distortion) member countries and the (high distortion) candidate countries. While monetary union lowers reforms in the candidate countries, members of the...
Persistent link: https://www.econbiz.de/10001807325
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Die Theorie der optimalen Währungsräume und die politische Reformfähigkeit - ein vernachlässigtes Kriterium
Heinemann, Friedrich - 1998
In this paper, a short survey is given on the contents and some problems of the theory of optimal currency areas. In addition, a new criterion for the assessment of the optimality of a currency area is proposed: the ability of member states of a monetary union to adjust their economic system to...
Persistent link: https://www.econbiz.de/10013428120